It takes $14-20k per year to participate fully in datasources for most markets plus hours per week to see all the listings and movement.

Is anyone participating in their mentoring program?

Checkout section 469 of the tax code for material participation tests and what it all means.

If you get the REPS and meet 500 hours managing your own materially participating LTRs, your LP interest can benefit you.

Banks and credit unions can also offer flexibility for investors that engage in strong relationship-building strategies, offering discounts and solid loans in exchange for borrowers willing to use the institution for other purposes (savings accounts, etc.).

These institutions might be willing to provide a long-term refinance option even without the 12-month seasoning period.

There are a lot of good resources for being a successful property manager and many meet up groups to participate in.

While we are faster than most financial institutions we sometimes discover last minute details (thank heavens!)

So you miss out on market participation.

You can take courses offered by the CCIM Institute even if aren't a real estate broker and have no interest in the CCIM designation.